Coherent (COHR) Operating Margin (2009 - 2026)
Coherent's (COHR) quarterly Operating Margin came in at 52.13% in Q1 2026, up 1198.0% year-on-year from 4.02% in Q1 2025, and up 1.79% quarter-over-quarter from 53.09% in Q4 2025.
Coherent (COHR) Operating Margin (2009 - 2026) Analysis & Trends
Coherent has disclosed Operating Margin across 18 years of filings, most recently posting 52.13% for Q1 2026.
- Operating Margin for Q1 2026 came in at 52.13%, up 1198.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 55.56% (up 697.0% YoY), and the FY2025 annual result was 63.21%, up 900.0% from the prior year.
- Operating Margin came in at 52.13% for Q1 2026 at Coherent, up from 53.09% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 49.66% in Q3 2025 to a low of 90.88% in Q2 2023.
- The 5-year median for Operating Margin is 66.38% (2024), against an average of 65.41%.
- Across the five-year window, Operating Margin plunged 3316 bps in 2023 and surged 2449 bps in 2024, its largest moves.
- Coherent's Operating Margin stood at 74.83% in 2022, then advanced by 3 bps to 72.32% in 2023, then increased by 23 bps to 55.55% in 2024, then climbed by 4 bps to 53.09% in 2025, then gained by 2 bps to 52.13% in 2026.
- The last three Operating Margin figures came in at 52.13% (Q1 2026), 53.09% (Q4 2025), and 49.66% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | -52.13% |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | 15.50% |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | 24.62% |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 18.86% |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 13.82% |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | 17.93% |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 15.32% |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | 22.30% |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | 7.27% |
| 10 | Sensata Technologies Holding | 7.28 Bn | 6.64 Bn | 286.30 Mn | 15.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -52.13% |
| Dec 31, 2025 | -53.09% |
| Sep 30, 2025 | -49.66% |
| Jun 30, 2025 | -68.44% |
| Mar 31, 2025 | -64.11% |
| Dec 31, 2024 | -55.55% |
| Sep 30, 2024 | -64.44% |
| Jun 30, 2024 | -66.38% |
| Mar 31, 2024 | -72.32% |
| Dec 31, 2023 | -72.32% |
| Sep 30, 2023 | -79.24% |
| Jun 30, 2023 | -90.88% |
| Mar 31, 2023 | -66.50% |
| Dec 31, 2022 | -74.83% |
| Sep 30, 2022 | -70.80% |
| Jun 30, 2022 | -57.72% |
| Mar 31, 2022 | -53.52% |
| Dec 31, 2021 | -51.60% |
| Sep 30, 2021 | -50.06% |
| Jun 30, 2021 | -50.39% |